Chat to a team member

CORONAVIRUS: The health and safety of our customers and partners is our priority UPDATE

Press Releases

Octane Capital lowers large loan rates after 2020 risk review

Octane Capital Octane Capital
Posted on Jan 21, 2020 | in Press Releases

  • Octane lowers rates on larger loans by up to 2% per annum given the more stable political environment and positive outlook for UK property

 ‘Product-less’ lender, Octane Capital, today announced it has reduced its risk rating given the improved outlook for the UK property market and broader political stability following the December General Election result.

As a result, and with immediate effect, the lender will be lowering rates on its larger bridging, developer exit and refurbishment loans by as much as 2% per annum.

Mark Posniak, Managing Director, Octane Capital, commented:

“Like other lenders, we regularly review the macro-economic outlook and felt especially compelled to do so in the New Year following the decisive General Election result. Our in-house view is that a new environment of greater political certainty will see a lot of pent-up demand for property come through, with subsequent upward pressure on prices. We also believe that the Bank of England will counter any continued economic weakness with monetary easing, providing a further boost to the property market through lower borrowing rates.”  

More in this section

Octane 'committed' to brokers and completes on four loans in 24 hours

Mar 24, 2020 | Press Releases

‘Product-less’ lender, Octane Capital, today announced that it…

Octane Capital
Octane Capital
READ MORE

Ryan Houssart joins the #3rd generation

Feb 25, 2020 | Press Releases

With demand for #3rdGen loans soaring as property market sentiment…

Octane Capital
Octane Capital
READ MORE

Octane Capital revs up refurb range

Feb 19, 2020 | Press Releases

With immediate effect, Octane removes level of works restriction,…

Octane Capital
Octane Capital
READ MORE
Sections
Archive
Twitter
Follow us @octanecapital

1 month, 2 weeks ago
RT @mposniak: @OctaneCapital #3rdGen CEO Jonathan Samuels speaking style #TSLE2020about the risks of Dual Rep - especially for Co… https://t.co/iicz42Yboh

1 month, 2 weeks ago
RT @mposniak: So never posted anything yesterday as I was travelling (a day late due to Storm Ciara I might add!!) Delighted to… https://t.co/nNP977c8IK

1 month, 2 weeks ago
RT @mposniak: Another completion this time to make up for the lost day yesterday... Lovely £1.25m @OctaneCapital #3rdGen… https://t.co/r3ESjSiysv

1 month, 2 weeks ago
RT @mposniak: Last one to talk about today but its a special one.... Delighted to complete a lovely @OctaneCapital #3rdGen… https://t.co/LQEJw9uBUw

1 month, 2 weeks ago
RT @mposniak: Qualification for the 3rd Annual #OctaneCapitalCup in now open!!! Contact your BDM for more info on how to qualify… https://t.co/BmyjR2qLGF

1 month, 2 weeks ago
RT @mposniak: What better way to mark 3 years at @OctaneCapital than with a lovely £375k #3rdGen #BuyToLet completion secured on… https://t.co/vs2YNHo2k7